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Published on 3/4/2020 in the Prospect News Green Finance Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch reviews German, Austrian banks

Fitch Ratings said it is reviewing the issuer default ratings and debt ratings of a number of German and Austrian banks following the update of its criteria that includes changes in how the agency notches senior and junior ratings from their IDR or viability rating.

The institutions are HSBC Trinkaus & Burkhardt AG, Aareal Bank AG, Bayerische Landesbank, Deutsche Bank Securities Inc., Erste Group Bank AG, Landesbank Baden-Wuerttemberg, Landesbank Saar, Norddeutsche Landesbank Girozentrale, Santander Consumer Bank AG, Berlin Hyp AG, Commerzbank, Landesbank Hessen-Thueringen Girozentrale, Bawag PSK, Deutsche Bank AG, London Branch and UniCredit Bank AG.


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